Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ONEQ vs SPHQ: how they differ
ONEQ and SPHQ hold 13% of their weight in the same names, and ONEQ returned more over the year.
Fidelity Nasdaq Composite Index ETF and Invesco S&P 500 Quality ETF.
What they hold in common
By the books each fund has filed, ONEQ and SPHQ hold 13% of their money in the same securities at the same weight.
| Holding | ONEQ | SPHQ |
|---|---|---|
| APPLE INC | 10.04% | 4.51% |
| CISCO SYSTEMS INC | 1.04% | 3.54% |
| COSTCO WHOLESALE CORP | 0.93% | 4.82% |
| LAM RESEARCH CORP | 0.87% | 4.10% |
| APPLIED MATERIALS INC | 0.78% | 2.80% |
| QUALCOMM INC | 0.58% | 2.03% |
| KLA CORP | 0.55% | 3.27% |
| APPLOVIN CORP | 0.41% | 1.56% |
| WESTERN DIGITAL CORP | 0.39% | 2.15% |
| GILEAD SCIENCES INC | 0.36% | 2.28% |
| ADOBE INC | 0.23% | 1.45% |
| CONSTELLATION ENERGY CORP | 0.23% | 0.99% |
| Only in ONEQ | Only in SPHQ |
|---|---|
| NVIDIA CORP 11.24% | Visa Inc. 4.69% |
| MICROSOFT CORP 7.32% | Mastercard Inc. 4.32% |
| AMAZON.COM INC 6.37% | General Electric Co. 4.16% |
| ALPHABET INC 4.85% | Caterpillar Inc. 3.78% |
| BROADCOM INC 4.64% | Procter & Gamble Co. (The) 3.46% |
| ALPHABET INC 4.48% | Coca-Cola Co. (The) 3.34% |
| TESLA INC 3.58% | GE Vernova Inc. 3.15% |
| META PLATFORMS INC 3.03% | Merck & Co., Inc. 2.87% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| ONEQ Fidelity Nasdaq Composite Index ETF | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | Invesco |
| What it is | Nasdaq Composite | S&P 500 Quality |
| Total return, 1 year | +20.6% | +17.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.1 pts | −0.1 pts |
| Expense ratio | 0.21% | 0.15% |
| Already in the S&P 500 | 87.4% | 99.9% |
| Holdings | 1022 | 99 |
ONEQ in plain words
ONEQ is an index equity fund tracking the Nasdaq Composite. Over the year to Sep 11, 2026 it returned +20.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.21% a year. By its holdings filed for May 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 1022 positions, with the top ten at 57.9%.
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ONEQ or SPHQ?
- In the year to Sep 12, 2026, with distributions reinvested, ONEQ returned +20.6% and SPHQ returned +17.4%, so ONEQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ONEQ or SPHQ?
- ONEQ charges 0.21% a year and SPHQ charges 0.15%, so SPHQ is cheaper. Fees come from each fund's prospectus.
- How much do ONEQ and SPHQ overlap with the S&P 500?
- By their latest filed holdings, 87% of ONEQ and 100% of SPHQ by weight is stocks the S&P 500 already holds. Between the two funds, 13% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ONEQ against SPHQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/ONEQ-SPHQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources